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22 June 2018 | 1 reply
Why would anyone in their right mind take a monthly loss to sell their home, they would probably be better off taking a lump sum loss if they were going to do that.
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16 July 2018 | 3 replies
@Chris Seveney and @David Dawkins would you mind letting me know about them too?
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25 June 2018 | 9 replies
@Joe Scheffold keep in mind if you have $25k there are other costs associated with purchasing a property.
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16 July 2018 | 27 replies
I'll keep all this in mind as I continue to learn.
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11 July 2018 | 72 replies
I have a lease on my car (emergency situation after previous car totaled) ..Getting this debt down to 20-30K in 2 years is probably more obtainable in my mind....
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25 June 2018 | 3 replies
Or just go with the SFH method and rent out rooms if you don't mind roommates.
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27 June 2018 | 31 replies
I can tell you from hundreds of my clients perspective.they don't want to have the burden and work that goes into being a landlord.. they want mail box money and more passive investment that is secured by the same asset that a landlord owns.. there is a reason those banks have those big shinny buildings.. its massively profitable and done right less risk in many cases of being a landlord or at least let me say a ton less work.. your not dealing with the day to day.. even if you have PM you have to manage them.My note buyers are almost all experienced landlords and as their days of landlord burn out come to fruition they switch to being the bank.. keep in mind unless the house is sold for cash.. everyone buying a rental has two steps equity and debt IE their equity and the bank or lenders debt.Along with shorter term holds.. and if done right no cash calls.
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22 June 2018 | 6 replies
Keep in mind that sometimes there are properties with rents much lower than market that could drastically affect the property value if they were increased.
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22 June 2018 | 2 replies
My reason for using BiggerPockets is to learn as much as I can, help others learn when possible, and meet other like-minded individuals.
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5 July 2018 | 31 replies
one thing we had to deal with though in our area is rent control..its a great business and well position quality parks on city water and sewer are about as bullet proof of cash flow investment as one can make in my mind.. once the coachs are there they done move. especially if they are pit set..